Where Have All the (Blow)jobs Gone?
That loud sucking sound you’ve been hearing for the past three decades? That’s the sound of jobs leaving the U.S.
That loud sucking sound you’ve been hearing for the past three decades? That’s the sound of jobs leaving the U.S.
You hear it in the news all the time: the Fed is printing money again. But who gets this cash? Imagine you had a magic checkbook that you could write checks of any amount to pay for anything, by law everyone had to accept your checks, and there was no “money” in your bank account backing up these checks. You would be the Fed.